NOT LISTED FOR SALE

Estimated Value: $239,000 - $294,000

4 Beds
2.5 Baths
2,056 Sq Ft
$134/Sq Ft Est. Value

Last Sold October 27, 2014

Last sale price $102,790 $50 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $1,912/month

60 Days on Market

Highlights

  • Partially Wooded Lot
  • Laundry in Utility Room
  • Community Storage Space
  • Eat-In Kitchen
  • 2 Car Garage
  • Carpet

About This Home

As of October 2014

A fantastic investment opportunity! 2 bedrooms in each unit, Unit A has 1.5 baths and Unit B has 1 bath. Current owner lives in one unit and leases the other unit for $525/month. That lessee has rented residence for 5 years and pays for own utilities. Units are adjoined by a tandem garage and there is over 2,000 square feet total for both units. Each unit has an eat-in kitchen, laundry area, large living room and large bedrooms. All appliances in both units are included in the sale of this home. Large, nearly .5 acre lot located on a peaceful, quiet street just off of Lima Road, near Wallen Road. Contact Christina for your personal showing!

Last Agent to Sell the Property

Christina Mitson

North Eastern Group Realty Listed on: 07/26/2014

North Eastern Group Realty

Last Buyer's Agent

Christina Mitson

North Eastern Group Realty Listed on: 07/26/2014

North Eastern Group Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,384

Year Built

  • Built in 1966

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 137x149
  • Partially Wooded Lot

Home Design

  • Duplex

Interior Spaces

  • 2,056 Sq Ft Home
  • 1-Story Property
  • Crawl Space
  • Eat-In Kitchen
  • Laundry in Utility Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 2 Car Garage
  • Tandem Garage
  • Garage Door Opener

Schools

  • Washington Center Elementary School
  • Shawnee Middle School
  • Northrop High School

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas

Listing and Financial Details

  • Tenant pays for electric, fuel, sewer, trash collection, water
  • The owner pays for building insurance
  • Assessor Parcel Number 02-07-10-306-011.000-073

Community Details

Pet Policy

  • Pet Restriction

Additional Features

  • 2 Units
  • Community Storage Space
  • Insurance Expense $800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,384

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: INVESTMENT
  • Property Sub Type: Duplex
  • Year Built: 1966
  • Age: 48
  • Style: One Story
  • Bedrooms: 4
  • Number Above Grade Bedrooms: 4
  • Total Bathrooms: 3
  • Total Full Bathrooms: 2
  • Total Number of Half Bathrooms: 1
  • Legal Description: Klugs 2nd Lot 79 |
  • Parcel Number ID: 02-07-10-306-011.000-073
  • Platted: Yes
  • Amenities: Storage, Eat-In Kitchen, Garage Door Opener
  • Sp Lp Percent: 96.07
  • Monthly Gross Income: 575
  • Year Taxes Payable: 2014
  • Special Features: None

Interior Features

  • Total Sq Ft: 2056
  • Total Finished Sq Ft: 2056
  • Above Grade Finished Sq Ft: 2056
  • Price Per Sq Ft: 50
  • Basement Foundation: Crawl
  • Flooring: Carpet, Vinyl
  • Number Of Disposals: 2
  • Number Of Microwaves: 2
  • Number Of Ranges Ovens: 2

Exterior Features

  • Exterior: Aluminum
  • Stories: 1

Garage/Parking

  • Number Of Parking Spaces: 2

Utilities

  • Cooling: Wall AC
  • Heating Fuel: Gas
  • Sewer: City
  • Water Utilities: City
  • Annual Insurance Expense: 800
  • Number Of W D Hookups: 2

Condo/Co-op/Association

  • Pet Restrictions: Yes

Schools

  • School District: Fort Wayne Community
  • Elementary School: Washington Center
  • Middle School: Shawnee
  • High School: Northrop
  • Elementary School: Washington Center

Lot Info

  • Lot Description: Partially Wooded
  • Lot Dimensions: 137x149
  • Estimated Lot Sq Ft: 20473
  • Estimated Lot Size Acres: 0.47

Rental Info

  • Lease Term: 1 Year
  • Owner Pays: Building Insurance
  • Tenant Pays: Electric, Fuel, Sewer, Trash Collection, Water

Multi Family

  • Gross Monthly Rent: 575
  • Number Of Dishwashers: 2
  • Number Of Dryers: 2
  • Number Of Refrigerators: 2
  • Number Of Units: 2
  • Number Of Washers: 2
  • Num Of1 Bedrooms: 2
  • Num Of2 Bedrooms: 2
  • Num Of Units Rented: 1

Tax Info

  • Annual Property Tax: 1384.06

MLS Schools

  • High School: Northrop
  • Middle School: Shawnee
  • School District: Fort Wayne Community

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2014
Closed on
Oct 27, 2014
Sold by
Farrell Martin A
Bought by
Morgan Tim
Seller's Agent
Christina Mitson
North Eastern Group Realty
Buyer's Agent
Christina Mitson
North Eastern Group Realty
List Price
$107,000
Sold Price
$102,790
Premium/Discount to List
-$4,210
-3.93%
Current Estimated Value
$276,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,492
Avg. Annual Appreciation
9.47%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Morgan Tim -- Trademark Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/27/2014 10/27/14 Sold $102,790 -3.9% $50 / Sq Ft
09/24/2014 09/24/14 Pending -- -- --
07/26/2014 07/26/14 For Sale $107,000 -- $52 / Sq Ft
Source: Indiana Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,297 $239,800 $18,600 $221,200
2022 $4,279 $190,400 $18,600 $171,800
2021 $3,760 $167,900 $18,600 $149,300
2020 $3,333 $152,300 $18,600 $133,700
2019 $3,121 $143,300 $18,600 $124,700
2018 $2,727 $124,400 $18,600 $105,800
2017 $2,604 $117,700 $18,600 $99,100
2016 $2,297 $105,400 $18,600 $86,800
2014 $1,314 $107,300 $18,600 $88,700
2013 $1,305 $107,300 $18,600 $88,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Indiana Regional MLS

MLS Number: 201432269

Indiana Regional MLS

APN: 02-07-10-306-011.000-073